Axioma maintains relationships with experts and leaders throughout the financial and academic communities. The board provides perspectives to help formulate product strategies, while also offering general industry insight, networking opportunities and strategic alliance development.
Marco Avellaneda, Professor of Mathematics and Director of the Division of Financial Mathematics at the Courant Institute of Mathematical Sciences of New York University, earned his PhD in 1985 from the University of Minnesota. In addition to teaching at NYU, he was a consultant for Banque Indosuez, New York, where he established a quantitative modeling group in FX options in 1996. Subsequently, he served as Vice President in the Fixed-Income Division's Derivatives Products Group at Morgan Stanley & Co., where he remained until 1998. He is the managing editor of the International Journal of Theoretical and Applied Finance and associate editor of Communications in Pure and Applied Mathematics and the Journal of Quantitative Finance. He has published approximately 80 research papers and written a textbook entitled 'Quantitative Modeling of Derivative Securities: From Theory to Practice.'
Mark Broadie is a professor at the Graduate School of Business at Columbia University. His research focuses on problems in the pricing of derivative securities, risk management, and portfolio optimization. Mark is an associate editor of Mathematical Finance, Management Science, Operations Research, Review of Financial Studies and a founding co-editor of the Journal of Computational Finance. At Columbia, he teaches popular elective courses in security pricing and computational finance. He has given seminars and courses worldwide. Mark has done extensive consulting for financial firms. Previously, he served as a vice president at Lehman Brothers in its fixed-income research group. He received a BS from Cornell University and PhD from Stanford University.
Sid Browne is currently Professor of Risk Management at the Graduate School of Business at Columbia University, where he received tenure in 1996. Since 2013 he has also held the role of Managing Director at Credit Suisse Asset Management. From June 1998 until January 2002, he was at Goldman Sachs where he was head of the Quantitative Modeling Group in the firm wide Risk Management Department. While there, he was directly responsible for all issues related to risk methodology, portfolio analytics and risk-based performance measurement, and is the co-inventor on two patents in these areas held by Goldman Sachs. He has published widely in academic and practitioner journals on quantitative approaches to asset allocation and mathematical finance. In particular, his work on active portfolio management strategies for institutional investors, including pension funds and insurance companies has received wide recognition. He has consulted widely to a variety of financial institutions.
Daniel J. Cardell CFA, is President and Chief Investment Officer of Wayne Hummer Asset Management in Chicago. Before joining Wayne Hummer, Dan was Director of Equities at Weiss, Peck & Greer in New York. Prior to WPG, he was Senior Vice President and Director of Equities at the Bank of America. During his career, Cardell has been involved with the development of successful quantitative equity strategies at firms such as Continental Bank in Chicago, Mellon Bank in Pittsburgh and Maryland National Bank in Baltimore. In his current role as the Chairman of the Board of Directors of the Chicago Quantitative Alliance, he is uniquely positioned to interact with the leading academics and practitioners in the area of quantitative finance. Dan received his BS in Finance from Wilkes University and an MBA from the University of Pittsburgh. He is also a Board member for the International Center for Futures and Derivatives and serves on the Board of Trustees for Wilkes University.
Douglas DiPasquale, former Managing Director and Head Equity Trader at Weiss, Peck & Greer, has spent more than 13 years in the financial services industry. Prior to joining Weiss, Peck & Greer, he spent eight years at Goldman Sachs, where he served as the Vice President: Equity Trading. He began his career with Moody's Investors Service as a Junior Analyst in the Public Utilities Division. Doug holds a BA in Economics from Vassar College.
Todd Doersch is Managing Director and Head of Product Development at Wayne Hummer Wealth Management. Prior to joining Wayne Hummer, Todd was President and CEO of Cognitive Investment Management, a firm managing hedge funds for accredited investors. Before founding Cognitive, Todd was Senior VP and Chief Operating Officer at Fuller & Thaler Asset Management, Inc. Prior to that, Todd served as CEO of Barra RogersCasey Investment Consulting, among other leadership roles in the Barra organization. Todd earned two B.A. degrees from Stanford University where he was elected to Phi Beta Kappa, and he earned an MBA from the Harvard Business School. Todd is a member of the Board of Directors of the Chicago Quantitative Alliance, and he has served as board member or strategic advisor for several start-up firms.
Peter Stern is a founder of Datek Online, a pioneer in online financial services. Peter was with Datek from its inception in 1996 through to its successful merger with Ameritrade in 2002. He is recognized in financial services industry as a visionary with a passion for making technology work for people. Prior to moving to New York City and founding Datek Online, He worked on numerous research and development projects in the aerospace industry for six years. He has a BS degree in Electrical Engineering and Public Policy from Carnegie Mellon University.
Roger Portnoy is a Partner with Daylight Ventures. Daylight is a special situations venture capital firm focused on the fintech space, and providing seed capital and advisory services for early stage, turnaround, and buyout opportunities. The company was founded in August 2007. Roger is also founder and owner of Starting-Right.com Limited, a specialist strategic consultant serving high growth financial technology and content entities. For the past 5yrs, Starting-Right has advised and fulfilled special projects for many of the leading application software and infrastructure vendors serving the world's most prestigious investment banks, hedge funds, and investment management firms. Prior to creating Starting-Right, Roger was a Director for Thomson Financial Services. At Thomson, Roger was one of the senior partners in the venture practice, and initiated over more than a decade the development of new transformational businesses for the investment banking, publishing and real-time markets group. Roger began his career in investment banking, helping UBS develop and expand their fixed income proprietary trading and capital market research practice.